Harcourts Group Limited
Harcourts Group Limited was ordered to pay a penalty of $2.575 million following admissions they breached s 27 via s 30 of the Commerce Act by entering into and giving effect to a price fixing agreement with four other real estate companies to pass on to vendors the cost of advertising properties on Trade Me.
Case Details
Parties
Harcourts Group Limited
Category
Anti-competitive conduct
Sub-category
Act/Section
Commerce Act 1986 27 via s 30
Industry
Rental, hiring, and real estate services
Status
Closed
Outcome
Judgment
Case Number
Date opened
16 December 2016
Date closed
16 December 2016
Contact person